Hackers exploit SingularityNET vulnerability, mint over 313 million tokens worth $16.77 million

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Hackers exploited a vulnerability in SingularityNET, minting 260 million AGIX and 53.838 million WMTX tokens on Ethereum. The attackers used a DeFi exploit previously observed in attacks on Fetch.ai and NuNet. They now hold $16.77 million in cryptocurrency, including 198.3 million AGIX, 649 ETH, and 33.538 million WMTX.

Odaily Planet Daily reports, according to PeckShield monitoring, the hacker previously responsible for attacks on Fetch.ai and NuNet exploited a vulnerability in SingularityNET to unauthorized mint 260 million AGIX and 53.838 million WMTX on the Ethereum network. The attacker currently holds crypto assets worth approximately $16.77 million, including 198.3 million AGIX valued at around $14.42 million, 649 ETH valued at approximately $1.67 million, and 33.538 million WMTX valued at about $627,400.

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